Thinking if more $BTC sells of into these alt coins we could see a further drop to the $7693-$7849 range. This is where the 99 MA is coming up and is also a .618 Fib level from bitcoins last move up.
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Broke like I had a feeling it would. Touched exactly off of $7849 as of right now. Let's see if we go down a smidge more though to where the 99MA is though. Wick looks promising though for a bounce.